Bullish Files for IPO as Trump’s Crypto Pivot Drives Demand: FT

Crypto Exchange Bullish has filed a paperwork for the initial public offer from the value for securities, according to a report from Financial times, quoting familiar sources.

This move indicates its second offer for the public, after an initial attempt to connect in the amount of $ 9 billion with a special purpose purchase company, Far topin July 2021.

These odds darkened by the end of 2022, and the aspirations were later redeem For overcoming “time limitations and market conditions”.

Now, Bullish tries another momentum after the election of President Donald Trump at the end of last year, and after that rules directed towards the cryptum industry.

As a result, Bitcoin put his pace, finding a range above $ 110,000, with his implied volatility that shows a record low in the year.

The last attempt Bullish is coming because the crypto companies caught the Wall Street Slundits without fear.

Last week, Crypto Exchange Bemini confirmed that he had filed the public, just 24 hours after the USDC publisher circle was his euphoric debut on the New York Stock Exchange.

Lap raised More than $ 1.1 billion and surpassed some of the most prominent American technological companies on the launch, with their shares Rocket at 347% Days later. That appetite encourages other people’s efforts.

Bullish manages an exchanged with headquarters in Blockchain and gained a crypto media company Kinddesk In 2023, his executive director Tom Farley, previously the president of the NYSE Group at Intercontinental Exchange from 2014 to 2018.

Bullish did not immediately respond to Decipherptic Request for comment.

Edited Sebastian Sinclair